Housing Choice Voucher Program, also known as Section 8 Housing, provides assistance for low-income homeowners and renters. The program offers "rental subsidies", which pay a portion of the rent or mortgage payments.
The U.S. Department of Housing and Urban Development manages this program, also known as the HUD. Here are some answers to common questions about Section 8 house in Columbia County NY, and low-income housing assistance.
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How can you be eligible for section 8?
You must earn less than 50% of your Area Median Income (or the AMI) to be eligible for low-income housing. The Area Median Income refers to the average income of all residents in the county. If your county's AMI is $60,000, then you will need to make $30,000 in order to be eligible.
What amount of rent will you still need to pay if your Section 8 voucher is valid?
Your income will determine the amount of your Section 8 rent voucher. Your income is the limit for which the voucher will cover. The Fair Market Rent limit applies. You will be responsible for any rent that is higher than Fair Market Value.
Your location will determine how much assistance you receive for your mortgage payments using Section 8 vouchers. To find out the amount of assistance available for mortgages, you will need to call your local office.